LEGAL PROCEEDINGS
−Removed: From time to time, we
−Removed: are subject to ordinary routine litigation incidental to our normal business operations.
−Removed: We are not currently a party to, and our property
−Removed: is not subject to, any material legal proceedings, except as set forth below.
−Removed: On or about July 22, 2025, the Company
−Removed: filed a lawsuit in the Court of Chancery of the State of Delaware against Laboratory Services MSO, LLC and certain affiliates.
−Removed: asserted a variety of claims, including breach of contract, arising out of its prior transactions with the defendants, including the Redemption
−Removed: and Abandonment Agreement, dated as of February 26, 2025.
−Removed: The Company and Laboratory Services MSO, LLC entered into a Confidential
−Removed: Settlement Agreement and Mutual Release dated August 26, 2025 whereby Laboratory Services MSO, LLC agreed to pay the Company in the aggregate
−Removed: of $1,722,000 ($50,000 of which is for the Company’s attorneys’ fees and $22,000 of which is interest attributable to the
−Removed: 7 th through 12 th monthly payments), of which $600,000 was paid on August 29, 2025 and $1,122,000 to be paid on or
−Removed: before the first business day of each month, beginning September 2025 and ending August 2026, in monthly installments of $93,500.
−Removed: parties provided a mutual release, as well.
−Removed: As a result of the settlement, the case was dismissed in August 2025.
+Added: time to time, we may become involved in legal pr oceedings arising in the ordinary course of our business.
+Added: We are not presently
+Added: a party to any legal proceedings that, if determined adversely to us, we believe would individually or in the aggregate have a material
+Added: adverse effect on our business, results of operations, financial condition or cash flows.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.